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File #: 2015-0258    Version: Name: Chefs' Auction Donation to The Bridge Teen Center
Type: MOTION Status: PASSED
File created: 4/14/2015 In control: Board of Trustees
On agenda: 5/4/2015 Final action: 5/4/2015
Title: Chefs' Auction Donation to The Bridge Teen Center

Title

Chefs' Auction Donation to The Bridge Teen Center

 

History

The Chefs' Auction to benefit The Bridge Teen Center was held on February 19, 2015 at the Orland Chateau.

 

Revenue from the Chefs' Auction was $14,370.25, which included ticket sales and coat check collections. The live auction raised $21,450.00 from twenty-two packages donated from the participating restaurants as well as Art Beat Live, which was paid directly to The Bridge Teen Center at the event. An additional $11,690.00 was raised from the silent auction’s forty-eight auction lots, which was also paid directly to The Bridge Teen Center at the event.

 

Expenses for the event totaled $1,757.61, leaving a profit of $12,612.64.  This is addition to the proceeds from the live and silent auctions.

 

Staff is requesting approval of a donation to The Bridge Teen Center from the proceeds of the 2015 Chefs' Auction in the amount of $12,612.64.

 

On April 20, 2015, this item was reviewed and approved by the Parks and Recreation Committee, recommended for approval and referred to the Village Board of Trustees for consideration.

 

 

Financial Impact

$12,612.64 from the Chef's Auction Revenues

 

Recommended Action/Motion

 

I move to approve payment of $12,612.64 from the proceeds of the 2015 Chefs' Auction to The Bridge Teen Center.